kaal:claim:kaal-2014-dynamicregulationviagove-008

Because rulemaking is subject to regulatory cycles and to a classic collective action problem, rules are generally not enacted at the moment appropriate information for rulemaking becomes available.

Because rulemak- ing is subject to regulatory cycles22 and a classic collective action problem23, rules are generally not enacted when appropriate information for rulemaking becomes available.

Kaal, Dynamic Regulation via Governmental Contracts (2014), II.1 Learning Process to Improve Regulatory Information, p. 10
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Kaal, Dynamic Regulation via Governmental Contracts (2014)

failuresupport: arguedfailure: timing mismatch between information and enactmentfamily: plutocratic-captureinstitutional-designdynamic-regulation

• extends kaal:claim:2267560-037 A classic collective action problem controls rulemaking: smaller and better organized special interest groups ...
• extends kaal:claim:2273857-020 Financial regulation is characterized and controlled by a classic collective action problem, and as a conseque...
• extended_by kaal:claim:2808132-028 The collective action problem of rulemaking, the problems of trial-and-error rulemaking, and the problems of r...
• extended_by kaal:claim:2740477-027 The collective action problem of rulemaking, the problems of trial and error rulemaking, and regulatory cycles...
• extends kaal:claim:2273857-023 Once crises recede, regulatory oversight diminishes as societies and markets return to their prior equilibrium...
• extended_by kaal:claim:2808132-020 The historically evolved rulemaking infrastructure could cope with its own collective action problems, regulat...
• restates kaal:claim:2273857-053 The core problem for financial regulation is timing: governance improvements are not enacted before crises whe...
• extended_by kaal:claim:2740477-030 Regulation is mostly reactive and follows business cycles rather than preempting crises, because of the collec...

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